There is nothing wrong with taking a profit Dom .. whether...

There is nothing wrong with taking a profit Dom .. whether you're a trader, or an investor like yourself - I disclosed my 50% sell down on the day a few months back based purely on the technicals .. I've made so much technical comment on AIM that I feel it only fair to disclose to others on here when I buy and sell this stock - you've shown alot of street cred. disclosing your trade on the actual day you sold .. its a rare trait for people to do this on forums like HC. It shows alot of integrity .Well done.

Anyway, back to AIM. The technicals are presently showing a very obvious and seriously large overhanging supply of stock and its going to take large fund / smart money type buying to get through it . From a technical perspective, AIM is doing something that is quite common in the market - ie. testing previous low points (20c) and filling gaps (21.5c) . Has anyone noticed it has filled that gap at 21.5c today , and is now trying to resist attempts to force it lower .... this is going to take some effort to do so. I'm certainly not saying we are done here , especially as no one has stepped up the buying after the gap fill, but I like whats occurred here . AIM still may test 20c again , infact it might go a touch lower so the smart money can lap up all those stop losses set just below 20c (a common tactic to be aware of). But Either way , we now have a technical gap fill level achieved that may (?) put a halt to the selling here . If 21.5c doesn't hold , good chance we head to test 20c . AIM , in my view , is not worth trading or investing in until 28c is broken past again - until then its wait and see, and stay hopeful that nothing is seriously fundamentally wrong with AIM resources that we don't about. Good luck . cheers ECN.